Breaking fg increases fuel price n145 per litre #

It seems like you're referring to a recent development in Nigeria. Breaking news reports suggest that the Federal Government has increased the price of Premium Motor Spirit (PMS), also known as petrol, from N145 to N162 per litre.

This decision was made to address the country's fuel subsidy crisis, which has been a major concern for the government. The increase in fuel price is expected to help reduce the burden of fuel subsidy on the government and also encourage the use of alternative energy sources.

However, this development may have significant implications for the average Nigerian, particularly those who rely heavily on fuel for transportation and other daily activities. The increased fuel price may lead to higher transportation costs, inflation, and potentially even social unrest.

It's essential for the government to ensure that the increased fuel price is managed effectively and that the benefits are shared fairly among all stakeholders. The government should also explore alternative energy sources and invest in infrastructure to reduce the country's reliance on imported fuel.

What are your thoughts on this development? Do you think the increased fuel price is justified, or do you think the government should have explored other options?